Shld have known its a trap... Stupid Co didn't announce the full details of the transaction. Prob got syndicate to goreng and trap ppl in. Transaction gain and dividend so low.
bursa instead like dow jones everyday give retailers kaya,here pula everyday just wanna swindle retailers until broke. like that economy mana can good?
At Rm0.54 x total number of shares of 150 million = Total Market Capitalization of Rm81 million. If I were United Plantation I won't pay Rm413 million for 8999 acres of plantation. I will sapu all Pinepac share everyday from Rm0.54 to Rm1.00. and then propose a general offer to buy up all the share at Rm1.00. If successful that will cost me Rm150 million for 8999 acres in Malaysia plus another 51,400 acres of land in Indonesia that has 22,100 acres matured oil palm area.
chanky is smart, major shareholder will not sell lo, some more got 150m bank borrowing, 100m payables, 100m amount owing to shareholder abd director ma
Back to 40, soon will see 20cnt. Transfer subject to approvals, UP should just wait for bank lelong. Indonesian ops seems also quite challenging. If they don't flush out special dividend then the funds will be burnt up by the indon ops. After all its only going through next year. Anything can happen in between
If many retail buyers jumped in to buy yesterday at the prices of more than 0.60 and average down all the way to 0.45 , then T + 3 & Y + 4 , they will push down . If retail buyers mostly cut loss on T + 4 , then they may push up / technical rebound , then distribute again .
sonata18 There will be capital repayment by the co. TP is now revised to RM1.80. 26/09/2018 11:18
when will it announce? this week? after completion of disposal? u know how capital repayment work or not? u trying to con people or u got conned by people?
capital reduction, no matter it's privatisation or capital repayment, must ONLY be deducted by share capital account. in other word, maximum pay out from capital reduction is the share capital amount, which is 74.9 mil, 50 sen per share. huge earning from disposal is in retained earning account LOH!
privatisation offer 50 sen u want sell or not?
unless company issue bonus share, then share capital will be increased by transferring retained earning into share capital account. like that then repayment will be huge.
if u say company changed its mind to pay special dividend then i believe LAH! capital repayment? u let those IB expert laugh at u only.
u kena tau ini owners siapa ... bukan they kedekut saja tapi they will continue to squeeze till the last drop from unsuspecting shareholders ... caveat emptor
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gongxifacai
85 posts
Posted by gongxifacai > 2018-09-24 16:52 | Report Abuse
Gg for those people who bought above rm0.55, most likely the share price will drop below rm0.5 tomorrow